LIC faced a massive Rs 66,000 crore loss in July due to a bluechip sell-off, with major holdings like Reliance Industries and TCS plunging. The portfolio value dropped by 4.15%, hi...
LIC has entered into $1 billion worth of forward rate agreements with JPMorgan and Bank of America, signaling a strategic shift towards sophisticated hedging instruments to protect...
R Doraiswamy, a veteran with 39 years at LIC, has been appointed as the new CEO & MD of India's largest life insurer, succeeding Sat Pal Bhanoo. His leadership is expected to usher...
LIC is finalizing a deal to acquire a stake in a health insurance company by March end, aiming to integrate financial solutions under one roof. CEO Siddhartha Mohanty confirms the ...
LIC, India's largest domestic institutional investor, faces a significant Rs 1.5 lakh crore loss in its equity portfolio due to the 2025 market crash, impacting key investments acr...
Life Insurance Corporation of India (LIC) has been issued a GST demand notice of Rs 479.9 crore for the fiscal year 2020-21 by the Mumbai deputy commissioner of state tax, highligh...
